This translation has been automatically generated and has not been verified for accuracy.Morgan Stanley chief economist Chetan Ahya’s most recent research report, “Sharper but Shorter”, is generally positive about the potential for a global economic revival. There are, however, important caveats for developed markets that arise from the precedent of China’s ongoing resurgence.
Developed economies like Canada’s are at least 60 per cent dependent on consumption. So the failure of Chinese consumers to fully participate in the country’s economic rebound implies the risk that consumption-based economies will recover more slowly than China’s.For Canadians, including investors, the timing and pace of a general business bounceback is.
globeinvestor It's wrong too that these sloth types hold us back.
globeinvestor I wonder stats on suicide with bankruptcy expect to spread like covid 19? 40% after 8 weeks? Wow such pain. We have to make public sector accountable by firing them. Stripping salaries and jail. Level the playing field.
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